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Question 1 Calculate the liquidity ratios from the given information: Current ratio Quick Ratio Absolute Liquid Ratio Liabilities Amt. Assets Amt. Share Capital Profit and

Question 1

Calculate the liquidity ratios from the given information:

  1. Current ratio
  2. Quick Ratio
  3. Absolute Liquid Ratio

Liabilities

Amt.

Assets

Amt.

Share Capital

Profit and Loss Account

General Reserve

Debentures

Sundry creditors

Bills Payable

200000

30000

40000

420000

100000

50000

Land and Building

Plant and Machinery

Stock

Sundry Debtors

Bills Receivable

Cash at Bank

140000

350000

200000

100000

10000

40000

840000

840000

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